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<blockquote data-quote="profitius" data-source="post: 733730" data-attributes="member: 41524"><p>Australia's military is 1.8% of GDP. United States is about 4%. Irelands is .5%. </p><p></p><p></p><p></p><p></p><p></p><p>Thats not what I'm saying at all. Let the local community run itself instead of the government making all the rules. They can make their own rules like communities have been doing since humans walked the earth. Big government, one size fits all, is a recent phenomenon. </p><p></p><p></p><p></p><p></p><p></p><p>Iceland let their banks go bust and their economic recovery is a victory for the Icelandic people. Meanwhile the Irish people have to pay back the "bailout" Ireland's banks got. And those banks are owned by wealthy foreigners as well as Irish. </p><p></p><p>[media=youtube]oZ-DLIWCfAI[/media]</p><p></p><p></p><p></p><p></p><p></p><p>I have been explaining. </p><p></p><p></p><p>A good example I heard. Britain's ship building industry was in decline and so the British government started to pump money into it so they could compete with other countries. At the time Poland was buying ships off the British ship builders and as the economist pointed out, in reality the British tax payer was subsidizing the Polish buyers! Thats typical of the wastage when the state gets involved. Sure, it looks great and wins votes but it isn't very efficient. It distortes prices and prices are at the heart of what makes an economy work. If they're distorted, its like traffic lights not working properly which results in chaos and inefficiency. </p><p></p><p></p><p>I didn't say there wouldn't be booms and bursts, just that they would be on a small scale and sort themself out naturally. The free market is like an ant colony. It just work! Now, imagine trying to put loads of rules and regulations for the ants to follow. Do you think the colony would run as smoothly? Its laughable to think that anyone can manage it better than letting the ants/nature because its too complex! It works because each individual ant gets on with their own job, NOT because some king ant has given them a detailed set of instructions. </p><p></p><p></p><p></p><p></p><p></p><p>You should study warfare. The Irish didn't gain independence by outgunning the British. Guerilla warfare. And I doubt US would use nuclear weapons in their own back yard. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /></p><p></p><p></p><p></p><p></p><p></p><p>I didn't say there wouldn't be booms or busts. I said they would be on a small scale to the ones we currently have. I said wealth wouldn't be transfered to the wealthy as easily. </p><p></p><p></p><p>Interestingly the Austrian school of economics (which I prefer) says that theres a massive financial collapse on the way while the Keynesian (which you prefer) says everything is fine and just keep printing fake money and spending. </p><p></p><p></p><p>100% Irish, why?</p><p></p><p><span style="color: silver"><span style="font-size: 9px">- - - Updated - - -</span></span></p><p></p><p></p><p></p><p></p><p>I presume Ron Paul thinks that abortion is murder and goes against the libertarian principle non-aggression principle. Anyway it doesn't seem like you get it if you think a libertarian is about narrow self interest. Its the opposite, where people should be more free and not told to do by narrow self interested people or groups.</p></blockquote><p></p>
[QUOTE="profitius, post: 733730, member: 41524"] Australia's military is 1.8% of GDP. United States is about 4%. Irelands is .5%. Thats not what I'm saying at all. Let the local community run itself instead of the government making all the rules. They can make their own rules like communities have been doing since humans walked the earth. Big government, one size fits all, is a recent phenomenon. Iceland let their banks go bust and their economic recovery is a victory for the Icelandic people. Meanwhile the Irish people have to pay back the "bailout" Ireland's banks got. And those banks are owned by wealthy foreigners as well as Irish. [media=youtube]oZ-DLIWCfAI[/media] I have been explaining. A good example I heard. Britain's ship building industry was in decline and so the British government started to pump money into it so they could compete with other countries. At the time Poland was buying ships off the British ship builders and as the economist pointed out, in reality the British tax payer was subsidizing the Polish buyers! Thats typical of the wastage when the state gets involved. Sure, it looks great and wins votes but it isn't very efficient. It distortes prices and prices are at the heart of what makes an economy work. If they're distorted, its like traffic lights not working properly which results in chaos and inefficiency. I didn't say there wouldn't be booms and bursts, just that they would be on a small scale and sort themself out naturally. The free market is like an ant colony. It just work! Now, imagine trying to put loads of rules and regulations for the ants to follow. Do you think the colony would run as smoothly? Its laughable to think that anyone can manage it better than letting the ants/nature because its too complex! It works because each individual ant gets on with their own job, NOT because some king ant has given them a detailed set of instructions. You should study warfare. The Irish didn't gain independence by outgunning the British. Guerilla warfare. And I doubt US would use nuclear weapons in their own back yard. ;) I didn't say there wouldn't be booms or busts. I said they would be on a small scale to the ones we currently have. I said wealth wouldn't be transfered to the wealthy as easily. Interestingly the Austrian school of economics (which I prefer) says that theres a massive financial collapse on the way while the Keynesian (which you prefer) says everything is fine and just keep printing fake money and spending. 100% Irish, why? [COLOR="silver"][SIZE=1]- - - Updated - - -[/SIZE][/COLOR] I presume Ron Paul thinks that abortion is murder and goes against the libertarian principle non-aggression principle. Anyway it doesn't seem like you get it if you think a libertarian is about narrow self interest. Its the opposite, where people should be more free and not told to do by narrow self interested people or groups. [/QUOTE]
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